SPLV
Invesco S&P 500 Low Volatili
$76.88
Tue, Nov 3, 2026 close (weekly items: Fri, Oct 30)
Thematic ETF · entry card
APPENDIX · SPLV · TECHNICAL TRADING SCORECARD
Scores · Trend 80.2
| RS vs S&P (20) + sector (10) | 15.4 + 7.7 = 23.1 / 30 |
| Structure (6 checks) | 25 / 30 |
| Score = (RS + structure) × 100/60 | 80.2 / 100 |
| Raw state (Up ≥ 60 · Down < 45) | Up |
| Confirmation (2 consecutive Fridays) | confirmed Up |
| Trend (confirmed) | Up |
✔ Fri close above 40-wk SMA 6/6 · ✔ 40-wk SMA rising (4 wks) 4/4 · ✖ No lower high vs cycle high 0/5 · ✔ Fri close above 20-wk SMA 5/5 · ✔ Fri close above 200-wk (4-yr) SMA 5/5 · ✔ 4-mo SMA > 13-mo SMA (completed months, to Sep) 5/5
Weekly raw states: 09-25 Down → 10-02 Down → 10-09 Down → 10-16 Down → 10-23 Up → 10-30 Up. Coppock, band position, breadth and modifiers no longer enter the Trend score (Coppock chart below is reference only). |
Scores · Trading 79.3
| RS (S&P 20 + sector 10) | 20.0 + 10.0 / 30 |
| Structure | 25 / 25 |
| Coppock (daily) — positive but rolling over from >80th pctile | 6.2 / 25 |
| Band position | 18.0 / 20 |
| Raw | 79.3 (Established Up) |
| Modifiers (10-yr > 5% rising −3, seasonal −2) | +0 |
| Final | 79.3 Established Up |
| ✔ Close above 50-day SMA 5/5 · ✔ 50-day SMA rising (10 d) 3/3 · ✔ Close above 100-day SMA 4/4 · ✔ Close above 200-day SMA 5/5 · ✔ 200-day SMA rising (20 d) 3/3 · ✔ No daily lower high (last two swing highs) 5/5 |
Relative state (weekly RS vs 16-wk SMA + 2-wk slope; daily RS vs 15-d SMA + 3-d slope; Neutral ±0.25%; phase price = next Fri / next close, benchmark flat)
| Horizon · benchmark | State | RS vs SMA | RS chg | Phase-transition price (SPLV close needed) |
|---|
| Trend · S&P | 2 Early Up (+) → | +3.48% | +3.88% | Est. Up ≥ 77.15 (+0.4%) · Early Up ≥ 73.94 · Est. Down < 73.55 |
| Trend · ^GSPC | 2 Early Up (+) → | +3.48% | +3.88% | Est. Up ≥ 77.15 (+0.4%) · Early Up ≥ 73.94 · Est. Down < 73.55 |
| Trading · S&P | 1 Established Up (+) → | +3.56% | +2.75% | Est. Up ≥ 74.61 (-3.0%) · Est. Down < 58.59 |
| Trading · ^GSPC | 1 Established Up (+) → | +3.56% | +2.75% | Est. Up ≥ 74.61 (-3.0%) · Est. Down < 58.59 |
Full bands (cluster rule: 2 or more tools within 3%; Δ vs 76.88)
| Band | Range | Distance | Tools in the cluster |
|---|
| R1 | 77.74–78.82 | +1.1% to +2.5% | wk high 03-06 77.74 · wk high 07-17 78.07 · ATH 07-28 78.82 |
| S1 | 74.48–76.76 | -0.2% to -3.1% | wk high 08-21 76.76 · wk high ’25-03-14 75.43 · wk low 08-07 75.34 · wk low 07-17 75.31 · wk high 04-10 75.22 · … +1 more · wk high 2024-11-29 75.14 · wk high 05-01 75.07 · wk high ’25-08-22 74.97 · 50% 74.79 · 40-wk SMA 74.48 |
| S2 | 72.16–74.37 | -3.3% to -6.1% | 200-day SMA 74.37 · wk high 05-29 74.24 · wk high ’25-05-23 74.01 · wk high ’25-07-25 73.83 · wk high ’25-07-04 73.63 · … +3 more · wk high ’25-11-28 73.27 · wk low 04-24 72.91 · wk low 05-15 72.31 · wk low 2024-11-22 72.29 · wk high ’25-12-19 72.16 |
| S3 | 69.92–72.02 | -6.3% to -9.1% | wk low ’25-08-01 72.02 · wk low 03-27 71.99 · wk low ’25-10-17 71.92 · wk high 2024-10-04 71.90 · wk low ’25-09-26 71.83 · … +6 more · wk low ’25-02-07 70.52 · wk low 2024-11-08 70.49 · wk low ’25-12-12 70.35 · wk low ’25-04-25 70.07 · wk low 10-02 69.92 |
| ATH | 78.82 | +2.5% | all-time high; Profit-Taking fallback when no 2-tool band sits above the Breakout (extensions no longer used) |
Coppock, breadth and RS (reference only; not in the Trend score)
Stops & phase transitions
- Tier 1 (trading stop): daily close < 74.48 (-3.1%): trading downgrades one state, re-anchor to S2 72.16–74.37.
- Tier 2 (trend stop = Trend Breakdown / invalidation): Friday close < 72.16 (-6.1%): trend downgrades one state, re-anchor to S3 69.92–72.02.
- Trend vs S&P: Est. Up ≥ 77.15 (+0.4%) · above its 16-wk avg ≥ 73.94 · Est. Down < 73.55 (-4.3%) (next Friday, benchmark flat).
- Trading vs S&P: Est. Up ≥ 74.61 · Est. Down < 58.59.
Sluymer context
- Not named in the 15 reports reviewed (Aug 18 – Oct 13, 2026).
Notes & caveats
Thematic ETFs holding, entry card (treated like the US Watchlist). Holdings: issuer file as of 2026-10-20 (Thematic ETFs bot list: /home/box/thematic-etf-scorecard/latest.json (built 2026-10-21 07:51 PT, from PortfolioDashboardBBG.xlsx MASTER!CK6 'THEMATIC ETFS' block; live at https://skc-thematic-etfs.pages.dev/)); Theme: Low Volatility. Sector RS dropped (no distinct sector ETF), Trend score rescaled from 50 to 100. Benchmarks: S&P 500 (20 pts) and ^GSPC (10 pts). Trading items and bands use the Tue, Nov 3, 2026 close; trend uses the Fri, Oct 30 week. Entry levels: Buy Zone = breakout retest zone (BUY names only: from the broken level down to the floor of the resistance band it came from, or level −2%, whichever is tighter; a weekly close below = failed breakout); Breakout Buy Level = top of R1; Trend Breakdown (invalidation) = S2 floor on a Friday close; Profit-Taking = next resistance band above the breakout. Verdict: AVOID = Trend Down (confirmed on two Fridays) or Friday close below a falling 40-wk SMA; BUY = a weekly close above a Breakout Buy Level fixed from the prior week's data with ≥2 tools within 3% (most recent such breakout in the last 4 weeks), every Friday close since and the latest close still at or above it, and Trend not Down; WAIT = otherwise. Buy Zone is reference only. Coppock = 10-bar WMA of ROC(14)+ROC(11), standard settings used as a placeholder because his are unpublished; DAS is omitted. Zone = sign + 3-yr percentile; direction = 2 bars. SMAs are simple; swings are 5-bar extremes; the channel is a 2-yr log regression ±2σ. The breadth proxy is the % of 500 current S&P 500 members with a rising weekly Coppock; it has survivorship bias, is a regime input only, and no other stock was scored. Weights are our choices (playbook §10); the state rule matched 86% / 83% of his sector states in-sample. Data: Yahoo Finance (unadjusted); weight from the Portfolio Dashboard (PIM 11/2 EOD, read-only).
